Savaria Corp T.SIS

Alternate Symbol(s): SISXF

Industrials

Savaria Corporation is a Canada-based company engaged in the accessibility industry. The Company provides accessibility solutions for the physically challenged to increase their comfort, their mobility and their independence. Its segments include Accessibility and Patient Care. It designs, manufactures, distributes and installs accessibility equipment, such as stairlifts for straight and curved stairs, vertical and inclined wheelchair lifts and elevators for home and commercial use. It also manufactures and markets a comprehensive selection of pressure management products for the medical market, medical beds for the long-term care market, as well as an extensive line of medical equipment and solutions for the safe handling of patients, including ceiling lifts and slings. It operates a sales network of dealers worldwide and direct sales offices in North America, Europe (United Kingdom, The Netherlands, Switzerland, Italy, Germany, Poland and Czech Republic), Australia and China.

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Savaria Corp

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Post by retiredcfon Mar 30, 2022 7:21am

189 Views

Post# 34558094

Analyst Recommendation

First stock in the clip; he and his family also own it personally. GLTA

https://www.bnnbloomberg.ca/video/stephen-takacsy-s-past-picks~2412190

Savaria (SIS TSX)

Then: $18.75
Now: $17.74
Return: -5.3%
Total Return: -2.9%

PAST TOP PICK
Savaria Corp(SIS-T)
28/03/2022 at 08:00pm

(A Top Pick Apr 28/21, Down 2.9%) They made a transformative acquisition of Sweden's Handicare to make Savaria the largest player in this space--major synergies. A few days ago they reported a very good quarter: surpassed $100 million EBITDA target, a record backlog, and are guiding $120-130 million EBITDA in 2022, an increase of 14%. The stock has fallen 20% from its highs, but now is a very good entry point--he is buying at these levels. Aging demographics are a strong tailwind as seniors prefer to stay at home longer and not move into long-term care. Well-managed and trades at a reasonable valuation.

OTHER SERVICES

Stephen Takacsy, B. Eng, MBA

$17.830

Owned